Solved

Which of the Following Is NOT\underline{NOT} True Regarding the Passage of the Sarbanes-Oxley (SOX) Act?
A)SOX

Question 59

Multiple Choice

Which of the following is NOT\underline{NOT} true regarding the passage of the Sarbanes-Oxley (SOX) Act?


A) SOX more clearly defined auditor independence.
B) SOX was intended to erode public confidence in the accounting profession due to recent scandals.
C) SOX replaced peer review with inspection by the PCAOB.
D) SOX implementation became the immediate focus of public companies and CPA firms.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents